Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from India:
- SBI sees drop in credit to SMEs by 4-5%: Feb. 25: The credit to small and medium enterprises (SMEs) has dropped considerably and so has the number of applications for loans from the SMEs.
- MS rolls out project Vikas in Hyderabad: Feb. 25: Microsoft India on Wednesday announced the roll out of Project Vikas for the Pharmaceutical manufacturing cluster of Hyderabad.
- SME advances to rise: Mumbai, Feb. 22: The country’s largest lender, State Bank of India (SBI), has said that its advances to small and medium enterpri-ses are likely to grow by 25 per cent in the current fiscal.<
- Chidambaram hopeful of Indian economy upturn: Complimenting the resilience displayed by Indian industry in dealing with the slowdown, Home Minister P Chidamabaram today stated on Tuesday (February 24), the country’s economy is likely to find an upturn by October (2009).
- Govt committed to rehabilitating sick SMEs: Minister : NEW DELHI: Asserting that it is committed to rehabilitating sick small and medium enterprises (SMEs), the Government on Friday said for this purpose, it would soon implement the recommendations of K C Chakrabarty committee which was formed to look into t he issue.
- Accountants Holden Associates Launch Free Website For Each Client To Help Small Business In The UK: Today we are pleased to announce FREE websites for all our small business, contractors & home business clients.
As always this list is not exhaustive, but I hope it will give you a little overview. — ST.